On Friday, Cardinal Health, Inc (NYSE: CAH) opened lower -1.28% from the last session, before settling in for the closing price of $123.42. Price fluctuations for CAH have ranged from $93.17 to $126.14 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 9.33%. Company’s average yearly earnings per share was noted 3.44% at the time writing. With a float of $241.33 million, this company’s outstanding shares have now reached $244.00 million.
Considering the fact that the conglomerate employs 48900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 3.31%, operating margin of 0.97%, and the pretax margin is 0.79%.
Cardinal Health, Inc (CAH) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Distribution industry is another important factor to consider. The insider ownership of Cardinal Health, Inc is 0.28%, while institutional ownership is 88.90%. The most recent insider transaction that took place on Nov 14 ’24, was worth 432,919. In this transaction Chief Accounting Officer of this company sold 3,504 shares at a rate of $123.55, taking the stock ownership to the 8,752 shares. Before that another transaction happened on Aug 21 ’24, when Company’s Chief Legal/Compliance Officer sold 16,573 for $109.39, making the entire transaction worth $1,812,920. This insider now owns 75,971 shares in total.
Cardinal Health, Inc (CAH) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.82 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.6) by 0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -5.30% drop over the previous five years of trading.
Cardinal Health, Inc (NYSE: CAH) Trading Performance Indicators
Check out the current performance indicators for Cardinal Health, Inc (CAH). In the past quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 27.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.15, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 8.63 in one year’s time.
Technical Analysis of Cardinal Health, Inc (CAH)
Compared to the last year’s volume of 2.11 million, its volume of 2.12 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 47.94%. Additionally, its Average True Range was 2.98.
During the past 100 days, Cardinal Health, Inc’s (CAH) raw stochastic average was set at 86.97%, which indicates a significant increase from 72.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.83% in the past 14 days, which was higher than the 22.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $113.90, while its 200-day Moving Average is $106.65. Nevertheless, the first resistance level for the watch stands at $123.34 in the near term. At $124.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $125.62. If the price goes on to break the first support level at $121.06, it is likely to go to the next support level at $120.29. Now, if the price goes above the second support level, the third support stands at $118.78.
Cardinal Health, Inc (NYSE: CAH) Key Stats
There are currently 242,010K shares outstanding in the company with a market cap of 29.11 billion. Presently, the company’s annual sales total 226,827 M according to its annual income of 852,000 K. Last quarter, the company’s sales amounted to 52,277 M and its income totaled 416,000 K.
